DislikedEven if we do carry on dropping , I wouldn't be surprised to see a bounce to mid 900sIgnored
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Cable Update (GBPUSD)
- #290,202
- Oct 9, 2011 10:32am Oct 9, 2011 10:32am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Hero calls followed by margin calls...
- #290,203
- Oct 9, 2011 10:33am Oct 9, 2011 10:33am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Hero calls followed by margin calls...
- #290,204
- Oct 9, 2011 11:26am Oct 9, 2011 11:26am
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
All systems of divination, like music itself,work through patterns.
- #290,205
- Oct 9, 2011 11:35am Oct 9, 2011 11:35am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
Lost in translation, i fear. English sense of humour = understatement. I'm sure Chaz meant 950 first and then we take Berlin... 150
http://www.youtube.com/watch?v=JTTC_...eature=related
Hero calls followed by margin calls...
- #290,207
- Oct 9, 2011 12:06pm Oct 9, 2011 12:06pm
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
Lol..
Current price assumed at 5550
5950 - 400 - 5550 - 400 - 5150
RR = 400:400 = 1:1
All systems of divination, like music itself,work through patterns.
- #290,208
- Oct 9, 2011 12:23pm Oct 9, 2011 12:23pm
- Joined Sep 2010 | Status: Trader | 11,327 Posts
..toast and internet just means sticky keys to me...
- #290,209
- Oct 9, 2011 12:25pm Oct 9, 2011 12:25pm
- | Joined Jun 2010 | Status: Trader | 1,429 Posts
.. thanks Gov.
- #290,210
- Oct 9, 2011 12:39pm Oct 9, 2011 12:39pm
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
ah - you must be a marmalady
All systems of divination, like music itself,work through patterns.
- #290,211
- Oct 9, 2011 12:47pm Oct 9, 2011 12:47pm
- Joined Sep 2010 | Status: Trader | 11,327 Posts
Lol..
Current price assumed at 5550
5950 - 400 - 5550 - 400 - 5150
RR = 400:400 = 1:1
well , as for double bottom , only 1 week separating the bottoms - I think DB on a slightly longer timescale , but the principle of support is still there , and that support is the 430 area - the strongest area of support since the recent decline.Since week beginning July 26 only 2 weeks have closed below this number ( out of a total of 63 ) - price does not like this area
- and now we get a tasty looking pin-bar on last week's candle with 430 in the lower 50%.All slightly hypothetical for me , as I do not trade for 400 pip targets , not at the moment anyway.But I do like the idea of swing trading on smaller TFs using s/r - if this weekly chart was H1 for example I would be looking for a bounce up to 50% of this big drop
- #290,212
- Oct 9, 2011 12:47pm Oct 9, 2011 12:47pm
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
Now I am lost ..
Fcuks sake dont get lost...i'm only round the corner...
All systems of divination, like music itself,work through patterns.
- #290,213
- Oct 9, 2011 12:56pm Oct 9, 2011 12:56pm
- Joined Sep 2010 | Status: Trader | 11,327 Posts
Gov. = abbreviation for Governor...aka the Police or a Taxi driver ...Gabernor.
- #290,214
- Oct 9, 2011 1:09pm Oct 9, 2011 1:09pm
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
you lost me now , Kas - and we're supposed to speak the same language
All systems of divination, like music itself,work through patterns.
- #290,215
- Oct 9, 2011 1:24pm Oct 9, 2011 1:24pm
- Joined Sep 2010 | Status: Trader | 11,327 Posts
Nah, i know that you're male. Different language altogether...
- #290,216
- Oct 9, 2011 1:30pm Oct 9, 2011 1:30pm
- | Joined Jun 2010 | Status: Trader | 1,429 Posts
You both have made me crack@Chaz, I still have a thought about GU levels but will post later.
It's late night here. See u all at LO tomorrow. Take care
- #290,217
- Oct 9, 2011 1:35pm Oct 9, 2011 1:35pm
- | Membership Revoked | Joined Mar 2010 | 3,853 Posts
@Chaz, I still have a thought about GU levels but will post later.
It's late night here. See u all at LO tomorrow. Take care
All systems of divination, like music itself,work through patterns.
- #290,218
- Oct 9, 2011 8:12pm Oct 9, 2011 8:12pm
- Joined May 2009 | Status: Trader | 4,895 Posts
yes..hammer but the weekly "close below open".It means no straight line ( may be
- #290,220
- Oct 10, 2011 4:57am Oct 10, 2011 4:57am
- Joined Sep 2010 | Status: Trader | 11,327 Posts
would it be wrong to hope for 1.56-1.58 ranging through the week?
range looks quite possible , although if I had to bet on a 200 pip range I would say 155/157
